Which of the following variables indicates to management the most appropriate managerial strategy to use in an organization?
A) organizational processes
B) factors of production
C) contextual variables
D) structural variables

Question

Quizplus · Accepted Answer

Contextual variables, such as the organization's environment, industry, competition, and culture, can significantly impact the effectiveness of various managerial strategies. Therefore, understanding these variables can help management determine the most appropriate approach to achieve organizational objectives. Organizational processes, factors of production, and structural variables play important roles in the success of the organization, but do not provide specific guidance on the managerial strategy.

Which of the Following Variables Indicates to Management the Most